Chris, great answers. Very well spoken!

The question is; what will the US do with so many Bitcoins?

I have edited the code to properly handle the reward halving till the last Satoshi is minted. We did have a change in the code already but that was only good for the next seven years.

    // Halving subsidy happens every 2,100,000 blocks. The code below takes account for the
    // fact that the first 204,639 blocks took 2.5 minutes and after changed to 1 minute.
    nSubsidy >>= (nHeight + 306960) / 2100000;

Source code: src/main.cpp Line 1082

Awesome, thanks.

Shameless plug: http://www.cryptocoinstats.com/

Well Ghash.io didn’t update the block reward value immediately so they were going all out on FTC. If their pool was large enough then they could have been adding a lot of extra competition since they were mining FTC 53.5% of the time rather than their usual 0.1% of the time.

the next block reward adjustment is at block 840,000 , I think that is right , We do not need to change it. 4 years halved may not fit FTC, it’s just copied from code bitcoins.

We’ll hit 840,000 in a little over a year since the block time has been accelerated 2.5x

Good to know that you’re all over it. I figured that you were, but I hadn’t seen this mentioned in any of the hard fork related posts. Yes, please let me know when you’ve settled on the exact block number.

Dude, that’s my website. I was holding off on updating the supply curve until I had confirmed that the block reward halving wasn’t being adjusted to match the decreased block times. I’ll leave it as is, if the goal is to adjust the halving block triggers to get back to the original supply curve.

Just pointing out that several people thought that this would maintain the current inflation model, when in reality it does not. Maybe it was intentional. It’s not necessarily a bad thing. I was just curious if anyone had given it any thought.

So with the decreased block times the time till the next block reward adjustment went from about 3 years away to about 1 year away. I’m tracking that the next block reward adjustment is at block 840,000. Was this adjusted as part of the hard fork?

Reward Ajustment 1 year, 2 months, 14 days, 12 hours, 29 minutes away.

http://www.cryptocoinstats.com/supplytracker.php

We’re currently at 6:39 per block, but we’re close to a difficulty adjustment. Block time’s are going to drop soon.

http://www.cryptocoinstats.com/hashratetrackerdetail.php?ac=FTC

Hey, glad to hear it. As always, I welcome requests and suggestions.